Identify the true profitability of products, customers and channels.
In today’s economic uncertainty, it is critical to have processes and systems in place to continuously monitor the profitability of products, customers and channels. Understanding the root cause for costs incurred and being able to run various “what-if” scenarios allows management to execute a continuous improvement strategy.
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“Thank you in assisting us in a project to improve profitability and top-line growth (and)… making intelligent business decisions based upon real, actionable data. MarketSphere was a key, instrumental partner… and acted with dedication and integrity in completing what they committed to deliver.”
— Manager, Corporate
Profitability Reporting, Alcoa
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Creating an effective and efficient profitability analysis system first requires a solid strategy and methodology centered on “what” should be measured, including products, customers, channels, major activities or cost elements, etc., as well as “how” revenue and costs should be allocated. Second, the profitability system needs to be supported by a robust technology solution that provides automated integration with multiple source systems, speed of calculation, drill-down capability, extensive reporting and thorough what-if analysis capability.
MarketSphere helps its clients apply the appropriate methodologies and modern technology solutions to create a profitability management system that becomes an integral part of management’s decision making process.
Our Solutions
- Facilitated Profitability Design (including Activity Based Cost Management)
- Cause and Effect Analysis
- Implementation of Packaged Profitability Applications - Oracle Hyperion Profitability and Cost Management
- Design and Implementation of Custom Profitability Solutions (Oracle Hyperion Essbase)
- Facilitated Strategy Sessions to Review Results and Develop Action Plans
Improve your performance monitoring! Contact us today.
